52.2. The director general of La Financière du Québec shall be appointed by the Government for a term of not more than five years. The director general is by virtue of his or her office a member of the board of directors of La Financière du Québec.
On the expiry of his or her term, the director general shall remain in office until replaced or reappointed.
The director general is responsible for the administration and direction of La Financière du Québec within the scope of its by-laws and policies. The office of director general is a full-time position.